Doesn't look like much of a 'law' to me. His optimism ignores some fundamental facts, like living in a (nearly) closed system. So there must be a point at which

Doesn't look like much of a 'law' to me. His optimism ignores some fundamental facts, like living in a (nearly) closed system. So there must be a point at which oil production will decline because our usage far outstrips it's production. Humans are trying to adapt yet I don't think extraction from shale, fracking, and giant super buildings in the desert are going to solve the fundamental issues around sustainability.